#Pippin
Most people here are busy analyzing every candle and every letter.
Thatโs exactly how they get trapped.
The fact is simple:
Price touched $0.40,
but it failed to close above $0.40 โ.
For anyone who understands market mechanics, this is already enough.
$0.40 is not just another level on the chart.
It is a major psychological price.
What happened here is textbook behavior โ nothing new, nothing random:
Retail traders chased what looked like a breakout ๐
Liquidity naturally stacked above the psychological level
Smart money used that liquidity to sell into strength ๐ฉธ
This is how professionals operate.
In real trading, touching a level is meaningless.
Only the close tells the truth.
A genuine breakout always leaves clear footprints:
A clean, decisive close above $0.40
No long upper wicks
Immediate continuation, not hesitation
Instead, we got the opposite:
A rejection wick right at $0.40
A short-lived bounce
A close back below the level
That is not bullish strength.
That is liquidity harvesting.
This is how distribution starts:
Price is deliberately pushed into a psychological number
Late buyers rush in, convinced theyโre early
Large players quietly unload positions without crashing the market
If price truly wanted higher levels,
$0.40 would have flipped into support.
It didnโt โ and that tells you everything.
Until we see a clear and sustained close above $0.40,
this move remains bearish by structure,
and every bounce is simply exit liquidity.
๐ง Psychological levels are not broken easily.
First, the market uses them to trap those who donโt understand the game.
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